26 U.S.C. § 4959

§ 4959. Taxes on failures by hospital organizations

40 words · cited by 1 other sections

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History

Added in 2010 by the Patient Protection and Affordable Care Act (2010). Last changed March 23, 2010 by the Patient Protection and Affordable Care Act (2010).

Every change, newest first (1)

March 23, 2010Patient Protection and Affordable Care Act (2010) · added this section

The law as written

Current through Public Law 119-102. Amendment notes omitted.

If a hospital organization to which section 501(r) applies fails to meet the requirement of section 501(r)(3) for any taxable year, there is imposed on the organization a tax equal to $50,000.